{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,2,11]],"date-time":"2026-02-11T21:59:06Z","timestamp":1770847146833,"version":"3.50.1"},"reference-count":41,"publisher":"Institute of Electrical and Electronics Engineers (IEEE)","license":[{"start":{"date-parts":[[2026,1,1]],"date-time":"2026-01-01T00:00:00Z","timestamp":1767225600000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/ieeexplore.ieee.org\/Xplorehelp\/downloads\/license-information\/IEEE.html"},{"start":{"date-parts":[[2026,1,1]],"date-time":"2026-01-01T00:00:00Z","timestamp":1767225600000},"content-version":"stm-asf","delay-in-days":0,"URL":"https:\/\/doi.org\/10.15223\/policy-029"},{"start":{"date-parts":[[2026,1,1]],"date-time":"2026-01-01T00:00:00Z","timestamp":1767225600000},"content-version":"stm-asf","delay-in-days":0,"URL":"https:\/\/doi.org\/10.15223\/policy-037"}],"funder":[{"DOI":"10.13039\/501100001809","name":"National Natural Science Foundation of China","doi-asserted-by":"publisher","award":["72471180"],"award-info":[{"award-number":["72471180"]}],"id":[{"id":"10.13039\/501100001809","id-type":"DOI","asserted-by":"publisher"}]}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["IEEE Trans. Eng. Manage."],"published-print":{"date-parts":[[2026]]},"DOI":"10.1109\/tem.2026.3658843","type":"journal-article","created":{"date-parts":[[2026,1,28]],"date-time":"2026-01-28T20:58:52Z","timestamp":1769633932000},"page":"1587-1601","source":"Crossref","is-referenced-by-count":0,"title":["Initial Coin Offerings Versus Equity Financing Strategies Under Cournot Competition"],"prefix":"10.1109","volume":"73","author":[{"ORCID":"https:\/\/orcid.org\/0000-0001-6890-854X","authenticated-orcid":false,"given":"Zhiyuan","family":"Chen","sequence":"first","affiliation":[{"name":"School of Economics and Management, Wuhan University, Wuhan, China"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Qiaoyun","family":"Gong","sequence":"additional","affiliation":[{"name":"School of Economics and Management, Wuhan University, Wuhan, China"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Jianhong","family":"Zhou","sequence":"additional","affiliation":[{"name":"School of Economics and Management, Wuhan University, Wuhan, China"}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"263","reference":[{"key":"ref1","doi-asserted-by":"publisher","DOI":"10.1016\/S0883-9026(03)00029-6"},{"key":"ref2","doi-asserted-by":"crossref","DOI":"10.3386\/w24418","article-title":"Initial coin offerings and the value of crypto tokens","volume-title":"Nat. Bur. Econ. Res.","author":"Catalini","year":"2018"},{"key":"ref3","doi-asserted-by":"publisher","DOI":"10.1016\/j.elerap.2019.100858"},{"key":"ref4","article-title":"Are blockchain crowdsales the new Gold Rush? success determinants of initial coin offerings","author":"Amsden","year":"2018"},{"key":"ref5","doi-asserted-by":"publisher","DOI":"10.1016\/j.jbusvent.2020.106001"},{"key":"ref6","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2020.3754"},{"key":"ref7","article-title":"Global tokenization market size, forecast to 2032","volume-title":"Online Rep.","year":"2023"},{"key":"ref8","article-title":"Filecoin: A decentralized storage network","year":"2017"},{"key":"ref9","doi-asserted-by":"crossref","first-page":"1","DOI":"10.1145\/3565383.3566108","article-title":"Evaluating the decentralisation of Filecoin","volume-title":"Proc. 3rd Workshop Distrib. Infrastructure Common Good","author":"Guidi","year":"2022"},{"key":"ref10","doi-asserted-by":"publisher","DOI":"10.1109\/MNET.2024.3487924"},{"key":"ref11","article-title":"Latest helium (HNT) price analysis","year":"2026"},{"key":"ref12","doi-asserted-by":"publisher","DOI":"10.2307\/3003320"},{"key":"ref13","volume-title":"Economics, Organization and Management","author":"Milgrom","year":"1992"},{"key":"ref14","volume-title":"The Theory of Corporate Finance","author":"Tirole","year":"2006"},{"issue":"1","key":"ref15","first-page":"93","article-title":"A theory of predation based on agency problems in financial contracting","volume":"80","author":"Bolton","year":"1990","journal-title":"Amer. Econ. Rev."},{"key":"ref16","doi-asserted-by":"publisher","DOI":"10.2307\/3003317"},{"key":"ref17","doi-asserted-by":"publisher","DOI":"10.2307\/2555525"},{"key":"ref18","doi-asserted-by":"publisher","DOI":"10.1016\/0022-0531(79)90073-5"},{"key":"ref19","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2022.4312"},{"key":"ref20","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2021.4225"},{"key":"ref21","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2023.intro.v69.n11"},{"key":"ref22","doi-asserted-by":"publisher","DOI":"10.1002\/jsc.2625"},{"key":"ref23","doi-asserted-by":"publisher","DOI":"10.1109\/TEM.2024.3495992"},{"key":"ref24","doi-asserted-by":"publisher","DOI":"10.1109\/TEM.2025.3559468"},{"key":"ref25","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2020.3796"},{"key":"ref26","doi-asserted-by":"publisher","DOI":"10.1016\/j.ejor.2022.07.023"},{"key":"ref27","doi-asserted-by":"publisher","DOI":"10.1007\/s12597-024-00889-4"},{"key":"ref28","doi-asserted-by":"publisher","DOI":"10.1109\/TEM.2023.3263854"},{"key":"ref29","doi-asserted-by":"publisher","DOI":"10.1109\/TEM.2020.3032426"},{"key":"ref30","doi-asserted-by":"publisher","DOI":"10.1016\/j.jedc.2021.104171"},{"key":"ref31","doi-asserted-by":"publisher","DOI":"10.1177\/10591478241305464"},{"key":"ref32","doi-asserted-by":"publisher","DOI":"10.3390\/fintech3010002"},{"key":"ref33","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2023.4882"},{"key":"ref34","doi-asserted-by":"publisher","DOI":"10.1109\/TEM.2023.3342148"},{"key":"ref35","doi-asserted-by":"publisher","DOI":"10.1108\/K-10-2024-2736"},{"key":"ref36","doi-asserted-by":"publisher","DOI":"10.4018\/ijiit.369153"},{"key":"ref37","doi-asserted-by":"publisher","DOI":"10.1109\/TEM.2025.3640643"},{"key":"ref38","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2023.03771"},{"key":"ref39","volume-title":"Industrial Organization: Theory and Applications","author":"Shy","year":"1996"},{"key":"ref40","article-title":"Little spoon scoops up 44m to grow its children\u2019s nutrition delivery service","author":"Hall","year":"2021"},{"key":"ref41","article-title":"Axelar foundation discloses 30 million in AXL token sales as it expands interoperability protocol","author":"Khatri","year":"2025"}],"container-title":["IEEE Transactions on Engineering Management"],"original-title":[],"link":[{"URL":"http:\/\/xplorestaging.ieee.org\/ielx8\/17\/11304260\/11367306.pdf?arnumber=11367306","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2026,2,11]],"date-time":"2026-02-11T20:55:31Z","timestamp":1770843331000},"score":1,"resource":{"primary":{"URL":"https:\/\/ieeexplore.ieee.org\/document\/11367306\/"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2026]]},"references-count":41,"URL":"https:\/\/doi.org\/10.1109\/tem.2026.3658843","relation":{},"ISSN":["0018-9391","1558-0040"],"issn-type":[{"value":"0018-9391","type":"print"},{"value":"1558-0040","type":"electronic"}],"subject":[],"published":{"date-parts":[[2026]]}}}